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CUs on the Tube MCUL Mayes talk economy election CUs

PLYMOUTH, Mich. (8/29/08)--Michigan Credit Union League (MCUL) President/CEO David Adams recently discussed the state economy, elections, and credit unions with State Rep. Jeff Mayes (D-Bay City) in a league podcast. Mayes began the podcast by thanking Adams for the league’s work. Mayes, who is a member of the state House Banking and Financial Services Committee, also talked about how credit unions can help the state’s economy recover. Financial institutions have the money to allow people to buy things and create business investment, Mayes said. “Credit unions are stable and doing well,” he added. Adams and Mayes also touched on financial literacy as well as the need to provide youth with financial literacy experiences and educate parents. “I commend credit unions for leading that charge,” Mayes said. To listen to the podcast, use the link.